FinTech platforms are helping banks digitize their operations. Global FinTech revenues are forecast to grow 4.7x from 2023 to 2030, to roughly $1.5T.^1,2

Traditional financial services are being disrupted on a global scale, and e-wallets continue to gain share, especially in emerging markets.

FinTech companies have historically catered to the digital preferences of younger consumers, but they are increasingly competing on cost across more established industries like lending and insurance.